Citron founder Andrew Left, known for some big short calls, recommended Nio shares, now worth $45 each, at $7 two years ago. Now he is short the name and says of the recent gains in multiple EV makers, “The fact is that retail investors take everything to be the next Tesla.” Evelyn Cheng | CNBC
Environment
November 23rd, 2020 by Zachary Shahan CleanTechnica has been diligently and obsessively covering cleantech industries for more than a decade. We’ve seen many good news sites come and go, because it’s simply hard to be a profitable and large niche media company in this day and age. We’re still enthusiastically rolling along and publishing a
November 22nd, 2020 by Johnna Crider Goldman Sachs, which has reportedly made $100 million off of Tesla trades this year, has pointed out that Tesla’s S&P 500 entry could “spark an $8 billion buying spree. Back in September, the International Financing Review (IFR) noted that Goldman Sachs made $100 million from its series of trades
November 21st, 2020 by Zachary Shahan It’s not the largest solar roof in the world, or in the auto world. In fact, it’s not even close to the largest. Nonetheless, the story of a ŠKODA AUTO Service Center getting a new solar power roof system is another story about the auto industry’s continual shift to
The Arctic is not a barren, frozen wasteland. It’s home to some of the most unique ecosystems in the world. More than this: it’s home to people. Those people are at the center of the controversy over drilling for oil in the Arctic. The Trump administration is now starting the formal process of selling leases
Jeff Bezos touring a space containing hundreds of plant species that maintains a tropical climate similar to Costa Rica at Amazon’s Seattle HQ in 2018. This week, Bezos announced $791 million in grants, the first of a planned $10 billion devoted to climate change. Bloomberg | Bloomberg | Getty Images Amazon’s Jeff Bezos just named
November 20th, 2020 by John Farrell Originally published at ILSR.org Where do local climate and clean energy goals lie in the priority list, when the COVID-19 induced economic crisis and the crisis of racial inequality are so pressing? For this episode of our Voices of 100% series of the Local Energy Rules Podcast, host John Farrell speaks with
Forests are beautiful, home to a diverse range of wildlife, and play an important role when it comes to looking after the world we live in. Much like their appearance, the benefits of forests are multi-layered. According to a recent report from the Food and Agriculture Organization of the U.N. (FAO), forests “supply water, provide
November 20th, 2020 by Steve Hanley Enel Green Power is a subsidiary of Enel, the Italian utility company. Established in 2008, it is headquartered in Rome but operates in 27 countries located on 5 continents, providing electricity generated by solar, wind, geothermal, and biomass sources to its customers. The company operates three solar power plants
2022 GMC Hummer EV sport utility truck GM General Motors is increasing and accelerating its rollout of all-electric vehicles as the automaker attempts to compete against industry leader Tesla as well as an influx of new competitors in the emerging market. The Detroit automaker said Thursday it will spend $27 billion on all-electric and autonomous
November 19th, 2020 by Derek Markham Originally published on The Beam. By Dr. Matthias Kroll, Chief Economist, World Future Council With a mere fraction of the COVID-19 recovery funds, central banks could support climate protection of a magnitude that would make the 1.5°C target achievable. The global climate crisis is increasing the need for a
November 19th, 2020 by Michael Barnard There are almost 500,000 commercial buildings in Canada, and about ten times as many in the United States. The median size of these buildings is only 5,000 square feet, or about about 465 square meters. And the worst 10% of them are leaky, have natural gas furnaces that belch
November 19th, 2020 by Carolyn Fortuna US President-elect Joe Biden was swept into office by an overwhelming number of voters who support climate action. No, his climate crisis policy won’t be called a Green New Deal, due to the Deal’s demonizing by Republican strategists. Biden can tackle ambitious energy transformations, however, alongside the mandate to
Offshore wind turbines in waters five kilometers off the coast of Copenhagen, Denmark. The European Union is now targeting 300 gigawatts of offshore wind capacity by the 2050. 4FR | E+ | Getty Images The European Union wants to increase its offshore wind capacity from 12 to 300 gigawatts (GW) by 2050, according to new
Since President Donald Trump took office in 2017, the U.S. has stepped back from its international climate commitments by leaving the Paris Agreement and rolling back dozens of Obama-era climate policies, leaving a void in international climate leadership that China aims to fill. In some ways, the country is well poised for climate leadership. China
November 18th, 2020 by Brad Rouse Dividends are fabulous. In investing, dividends pay you to wait while your investments grow. If we aggressively pursue the energy transition, every one of us will receive dividends as we invest in a brighter future. As is the case with many investments, the energy transition may be justified (and
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